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announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. >>> >>> welcome back. adobe systems on the move in the after-hours. let's head over to adobe headquarters in san jose, california, where jon fortt is standing by with adobe's man in charge. over to you, jon. >> reporter: thanks, maria. adobe definitely beat on top and bottom lines. wall street was looking for revenue around $986 million, eps of 31 cents. adobe did better than $1 billion in revenue and 35 cents. here with shantanu narayen. tell me, what particularly outperformed in this quarter? i know you're doing a transition suite to creative cloud and you expected revenues to maybe not be as good as they were. how did they turn out so good? >> well, the entire business, actually, jon, did really well. q1 was a great start to the fiscal y
's just another way you'll be traveling at the speed of hertz. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. >>> welcome back. the dow transportation average notching its worst week of the year this week. josh lipton assessing t ining i damage. yosh josh? >> you look under the hood, what's driving the transports lower, fedex getting slammed. the company telling us this week that third quarter earnings dropped 31%. still, even with this week's losses, remember that transports are well in the green this year, up some 16%. back to you guys. >> all right, josh, thank you. >>> many investors, of course, follow the theory that transports are a good bellwether for stocks. and they led the way as the dow smashed through its all-time high, high after hig
work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. a> as >>> as a way to find out what will happen in tomorrow's all-important fed meeting, the most important event of the week by far, it's worth taking another look at the thing that money managers fear most. at least if you listen to all the talking heads chatter on and on about it. you know what i'm calling it, i'm calling it the feds' vote from hell. causing the economy to get dinged, stock prices get slammed. people freaking about all this almost nonstop. freak out from cyprus. even as i think it's a silly reason, frankly, to be afraid. i told you i would trust ben bernanke again. he's committed to keeping rates low until it's 6.5%, pretty far away from where we are. i explained why you shouldn't let s
the command performance sales event. this is the pursuit of perfection. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >>> welcome >>> welcome back. the dow and the s&p 500 pushing the towards record highs. josh lipton is running through the winners and lauosers. >> the s&p 500 comes within a few points of its record close. the midcaps, though, did hit another record high. as for notable movers, let's start with the biggest gainer in the s&p 500 today. that was first solar, rocketing higher. the reason, analysts telling me, china's sun tech, a solar panel maker, declaring bankruptcy. so now the possibility of some capacity disappearing, getting investors excited about first solar's prospects. another big winner to check out, lennar, the home builder. lennar's presid
. standard at citibank. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. >>> take a look at blackberry shares on the close. down 4.5%. taking another bruising today. wow. quite a run for that stock. >> its z-10 smartphone launch famed to impress goldman sachs which downgraded the stock causing a selloff. jon fortt with more on blackberry's struggle. >> goldman sachs said the sell through was the issue. your typical store they surveyed was selling fewer than ten 10-z units a day. combine that with deutsche bank who said blackberry z-10 demand is cooling off after a hot launch in the uk and canada. not everyone agrees with the doom and gloom. the big picture challenge for blackberry goes beyond phones. a big chunk of profit comes from service revenue. from blackberry subscribers. that number fell for the first time last quarter by one million. consensus is it's going to drop by another 1 million this quarter. i thin
.com or give us a call at 800-743-cnbc. miss something? head to madmoney.cnbc.com. [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >> i just spent the whole top of the show telling you why we didn't panic over cyprus, right? we didn't do that. >> no! >> you know what i didn't do? i didn't tell you to buy the whole market that's what. >> don't buy. don't buy. >> i'm sticking by my proposition that i can't join in the buying of most stocks up here and we did pick some small for the charitable trust and we ended up being net sellers of the day because i don't like to buy into parabolic markets. that's why we lowered our exposure to the trust. i'm not a chartist, each weekend i poured over these hand-delivered charts. i'm looking for anomalies, for opportunities. this comes from a career where i i
allow the banks to fail, much like letting citibank or jpmorgan here in the united states, that would have significant repercussion the in the economy. connell: where do you stand on the idea of the con cement spreading? could it happen in other countries was the question asked, it seemed like, in the markets this morning if it goes through on cypress, on to the next guy and next who have problems? >> that's a legitimate concern that the architect or one of the principle architects here, the imf, the ecb, and the european union and germany with a strong hand there. if they force this upon one country, who is to say they couldn't force it upon a larger, more important country? if europe were able to execute a plan like that, who is to say that the united states wouldn't look and say, well, they did it in europe, why couldn't we look here? connell: rule of law question; right? >> exactly. dagen: what's the solution? somewhere between forcing the haircut and letting banks fail? where is the middle ground that would not make investors? >> you got to have the smaller depositors, the hundre
Search Results 0 to 6 of about 7